https://www.taxtmi.com/notifications?id=144489 Rules establish issuance and ownership mechanics for National Savings Certificates (VIII Issue): permissible denominations and three certificate types; eligible purchasers and form-based purchase procedures; issuance dated to payment or realization of negotiable instruments; transfers and pledging require authorised Postmaster consent and prescribed endorsements; maturity is six years with annual interest accrual deemed reinvested to fifth year and specified discharge values; premature encashment allowed only on death, compliant pledgee forfeiture or court order with staged payment rules; nomination, duplicate issuance, conversion, fees and tax treatment on annual accruals are provided. en-us Mon, 01 May 1989 00:00:00 +0530 Wed, 24 Dec 2025 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=144489 Rules establish issuance and ownership mechanics for National Savings Certificates (VIII Issue): permissible denominations and three certificate types; eligible purchasers and form-based purchase procedures; issuance dated to payment or realization of negotiable instruments; transfers and pledging require authorised Postmaster consent and prescribed endorsements; maturity is six years with annual interest accrual deemed reinvested to fifth year and specified discharge values; premature encashment allowed only on death, compliant pledgee forfeiture or court order with staged payment rules; nomination, duplicate issuance, conversion, fees and tax treatment on annual accruals are provided. Notifications Income Tax Mon, 01 May 1989 00:00:00 +0530 https://www.taxtmi.com/notifications?id=144489